I don't understand why meme coins such as Dogecoin, Shiba Inu, and Pepe are so famous and why do people invest in them, wondering about the future of meme coins.
They have the good hype and a good community but with regards to their usage, its hard to tell more about their future. If they remain like that, there’s a big chance for a new meme token to rise above them. Meme token will always have a place in this market as they are hyping the project itself, and I see this as a short term investment only so don’t play long. If there’s a new meme token, early investors are the one who make a lot of money.
Good hype? I agree.
Good community? I doubt.
As you've mentioned, meme tokens have no utility. The only thing which puts value into such coins, is demand from hype and popularity which only lasts for a short period of time upon its release in the msrket or exchangers. So if it is futuristic viewpoint, nothing's assured. Most of the time, memetokens' value are only going with trend but never leads it. Most of the meme tokens has no progressive development over years therefore, it would be some sort of a gamble investing and holding it for years unlike with other cryptos which have utilities, sustaining its market price for a long period of time.